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        <div class="post">
            <h1 class="title">Congressional Budget Office</h2>
            <div class="agency_description">
                CBO&apos;s mandate is to provide the Congress with objective, nonpartisan, and timely  analyses to aid in economic and budgetary decisions on the wide array of programs  covered by the federal budget and the information and estimates required for the  Congressional budget process. In fiscal year 2008, CBO issued 39 studies and reports,  3 briefs, 12 Monthly Budget Reviews, 29 letters, 22 presentations, and 2 background  papers &mdash; along with 7 other publications and numerous supplemental data. CBO  also testified before the Congress 30 times on a variety of issues. In calendar year  2008, CBO completed approximately 750 formal federal cost estimates as well as  approximately 700 estimates of the impact of unfunded mandates on state and local  governments and about 700 estimates of the impact of unfunded mandates on the private  sector.<span class="footnote">Agency description from <a href="http://www.cbo.gov/aboutcbo/factsheet.shtml"> CBO Fact Sheet</a>.</span>

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        <div class="post">
           
           <h2 class="title"><a href="/us/legi/cbo/wpapers">Congressional Budget Office Working Papers</a></h2>
           <div class="listing_description">
               Working papers, formerly termed technical papers, are preliminary and are circulated  to stimulate discussion and critical comment. These papers are not subject to CBO's  formal review and editing processes. The analysis and conclusions expressed are those  of the authors and should not be interpreted as those of the Congressional Budget Office. <span class="footnote">Document description from <a href="http://www.cbo.gov/publications/bydoctype.cfm?dtype=8"> CBO Working Papers website</a>.</span>

           </div>

           <ul>
           
           
               
               
                   <li>CBO-WP-1997-01 - <a href="http://docs.govdoc.org/">Investing the Social Security Trust Fund in Equities: An Option Pricing Approach</a></li>
                   
                   
               
                   <li>CBO-WP-1997-02 - <a href="http://docs.govdoc.org/">Can the Standard Growth Model Explain the Post-War Decline in the Saving Rate?</a></li>
                   
                   
               
                   <li>CBO-WP-1997-03 - <a href="http://docs.govdoc.org/">Can Permanent-Income Theory Explain Cross-Section Consumption Patterns?</a></li>
                   
                   
               
                   <li>CBO-WP-1997-04 - <a href="http://docs.govdoc.org/">Understanding Adverse Selection in the Annuities Market and the Impact of Privatizing Social Security</a></li>
                   
                   
               
                   <li>CBO-WP-1997-05 - <a href="http://docs.govdoc.org/">Privatizing Social Security While Limiting Adverse Selection in Annuities Markets</a></li>
                   
                   
               
                   <li>CBO-WP-1997-06 - <a href="http://docs.govdoc.org/">Simulating U.S. Tax Reform</a></li>
                   
                   
               
                   <li>CBO-WP-1998-01 - <a href="http://docs.govdoc.org/">Who Bears the Burden of the Corporate Tax (and Why)?: The Open Economy Case</a></li>
                   
                   
               
                   <li>CBO-WP-1998-02 - <a href="http://docs.govdoc.org/">Privatizing Versus Prefunding Social Security in a Stochastic Economy</a></li>
                   
                   
               
                   <li>CBO-WP-1998-03 - <a href="http://docs.govdoc.org/">Opting Out of Social Security and Adverse Selection</a></li>
                   
                   
               
                   <li>CBO-WP-1998-04 - <a href="http://docs.govdoc.org/">Privatizing Social Security in the U.S.: Comparing the Options</a></li>
                   
                   
                       <li><a href="/us/legi/cbo/wpapers">103 More...</a></li>
                       
           
           </ul>
           
           <h2 class="title"><a href="/us/legi/cbo/briefs">Congressional Budget Office Briefs</a></h2>
           <div class="listing_description">
               Economic and Policy briefs released by the Congressional Budget Office

           </div>

           <ul>
           
           
               
               
                   <li>CBO-B-2002-07-03 - <a href="http://docs.govdoc.org/">The Looming Budgetary Impact of Society's Aging</a></li>
                   
                   
               
                   <li>CBO-B-2002-08-01 - <a href="http://docs.govdoc.org/">Social Security and the Federal Budget:  The Necessity of Maintaining a Comprehensive Long-Range Perspective</a></li>
                   
                   
               
                   <li>CBO-B-2002-08-13 - <a href="http://docs.govdoc.org/">Where Did the Revenues Go?</a></li>
                   
                   
               
                   <li>CBO-B-2002-10-09 - <a href="http://docs.govdoc.org/">Capital Gains Taxes and Federal Revenues</a></li>
                   
                   
               
                   <li>CBO-B-2002-10-25 - <a href="http://docs.govdoc.org/">Federal Debt and the Commitments of Federal Trust Funds</a></li>
                   
                   
               
                   <li>CBO-B-2002-11-04 - <a href="http://docs.govdoc.org/">The Impact of Trust Fund Programs on Federal Budget Surpluses and Deficits</a></li>
                   
                   
               
                   <li>CBO-B-2002-11-14 - <a href="http://docs.govdoc.org/">The Impact of Social Security and Medicare on the Federal Budget</a></li>
                   
                   
               
                   <li>CBO-B-2002-12-20 - <a href="http://docs.govdoc.org/">Revenue Projections and the Stock Market</a></li>
                   
                   
               
                   <li>CBO-B-2003-01-03 - <a href="http://docs.govdoc.org/">Social Security Reform: The Use of Private Securities and the Need for Economic Growth</a></li>
                   
                   
               
                   <li>CBO-B-2003-04-07 - <a href="http://docs.govdoc.org/">Transforming the Navy's Surface Combatant Force</a></li>
                   
                   
                       <li><a href="/us/legi/cbo/briefs">47 More...</a></li>
                       
           
           </ul>
           
       </div>


       <div class="post" id="footnotes">
           <h2 class="title"><a name="notes">Notes</a></h2>
           <ol id="notes_list"></ol>
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